1. Business & Economy

Business & Economy

Budget 2020: IDBI Bank to be privatized post Govt exit

Feb 1, 2020 New Delhi: Finance Minister Nirmala Sitharaman said on Saturday the government would sell its entire stake in IDBI Bank to private players. After the announcement, shares of IDBI Bank surged over 12…

Govt to reduce its stake in LIC

Feb 1, 2020 New Delhi: Government will reduce its stake in state life insurer LIC through an IPO, Finance Minister Nirmala Sitharaman said on Saturday. “Government will list LIC on the stock exchanges”, she said…

In Budget 2020, Govt announces big income tax relief

Feb 1, 2020 New Delhi: In a major relief to the salaried and middle class, the Government today exempted from income tax all those earning up to five lakh and reduced the tax rate for…

Business & Economy

Continuing fiscal challenges a risk to growth: Eco Survey

Jan 31, 2029 New Delhi: Even as it has indicated towards a recovery of GDP growth in next fiscal, the Economic Survey has thrown enough pointers to suggest that a full scale recovery may not…

ES pegs GDP at 6-6.5% in FY21, signals growth-oriented Budget

Jan 31, 2020 New Delhi: Expecting strong recovery in the economy, Economic Survey 2019-20 has projected 6-6.5 per cent GDP growth in FY21. This signals that the Union Budget would be growth-oriented and announce fiscal…

Business & Economy

AI sell-off: Experts feel bidders will take long-term view of sector

By Nirbhay Kumar Jan 29, 2020 New Delhi, Jan 29 (IANS) External factors such as high fuel prices and adverse forex would be key to the success of Air India disinvestment, but aviation experts said…

Govt invites bid to sell Air India along with Air India Express & AISATS

Jan 27, 2020 New Delhi:In its second attempt to sell national carrier, the government on Monday invited expression of interest (EoI) from prospective buyers for divesting its entire 100 per cent stake in Air India…

AI to replace 69% of manager’s workload by 2024: Gartner

Jan 23, 2020 Mumbai: Artificial Intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots will replace almost 69 per cent of the manager’s workload by 2024, according to a prediction by research…

Business & Economy

Vehicle registrations down 15% in December: FADA

Jan 22, 2020 New Delhi: Vehicle registrations in the country declined 15 per cent on a year-on-year basis to 16.06 lakh units after two months of positive growth, data from Federation of Automobile Dealers Associations…

Business & Economy

More trouble for economy, direct tax collection in negative zone

Jan 21, 2020 New Delhi: The bad run for the Indian economy continues with the latest victim being the government’s direct tax kitty, where collections have now entered the negative zone for the very first…

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